Accounting firm takes blame for Oscars flub
LOS ANGELES - The accounting firm responsible for correctly tallying Academy Award winners says its team didn't move quickly enough to correct the incorrect announcement of the best picture winner at Sunday's Oscars.
PwC, formerly Price Waterhouse Coopers, says in a statement released Monday night that it accepts full responsibility for "the series of mistakes and breaches of established protocols."
The firm says partner Brian Cullinan mistakenly handed an envelope with the best actress winner to Warren Beatty and Faye Dunaway, who were presenting the best picture honor. PwC says Cullinan and another partner responsible for the integrity of the winners did not correct the mistake quickly enough.
The statement apologizes to the cast of "La La Land," which was mistakenly announced as the winner before the correct winner, "Moonlight," was announced.